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you do instead of dealing with the policy issues. we have have a very distinguished member with us, a good friend of all of us, someone who deals seriously with policy issues and is joined us today and that would be january from illinois. >> also i think today of most significance i believe is my role on the intelligence committee. all of us were given a briefing based on emerging information from the intelligence committee . susan rice, i do -- susan rice went on television based on the information that was available at the time and the briefing that she was given information and intelligence that she had no part in collecting. the kind of statement that is anyone who had been given those briefings would have made in public. obviously, this was on an unclassified buys sis but she was given information that she had that has subsequently been updated. it was not wrong or deliberately misleading in any way. there had been the belief that there had been a protest that developed into this attack. so susan rice as the president very clearly said, if anyone has a problem with the intelli
. u.s. equity futures should be interesting to look at temperature basically on hold. not sure what to do after yesterday. we'll talk more about the economy in a minute with david rosenburg. it was pretty clear yesterday that depending on how you wanted to spin it, could you say how do you do for another four years. i don't remember any euro news in the last six months no matter how bad it was, we didn't get it free handle. so there's more to it than just europe. >> it was the fiscal cliff, but also the financials got hit so hard. if it had been romney, the cliff would be less of a deal because they would stepped all of them. so now we know and we lettered it first hand yesterday. boehner said we're open to tax increase, but part of a bigger plan that involves spending cuts. dove did a bungee -- >> worst thing i ever did. >> but it goes down and then right back up. >> the worst part is you feel like you're connected on something, but don't. it's a free fall until the very he said and then he start to feel like i'm connected to something and it throws being back into the air. >> my q
and be ready to go against the grover norquist pledge. more bill press after the break. stay with us. you're about to watch an viewer created ad message for little caesars who proudly salutes united states veterans everywhere. >> clarksville is a small town on the tennesse/kentucky boader and it is a really great place to raise a family. my name is lloyd allard i was a chief officer in the special forces, i was in the army for 23 years. i have made 1400 parachute jumps. well, my experience in the military was varied. i spent a lot of time in iraq, a lot of time in kuwait. i did two tours in iraq and i decided it was time to do something different with my life. i saw little caesars as a way to give something back to my family. the little caesars veterans program provides financial support and equipment when you open your store. the little caesars veterans program give me a sense of ownership and pride in my business because i am the owner of this business. as a former military person i did not have the business experience and little caesars provided the training and support along the way t
year. courtney reagan's been tracking the numbers and she will join us with the details. also veteran retail analyst dana telsey will join us with her take. and coming up at 6:40, com score gives us a forecast for cyber monday sales. we of course continue to watch the fiscal cliff count down. lawmakers have been trying to convince the naub they are willing to compromise. they return to capitol hill today. >> everything should be on the table. >> bring entitlement reform into the conversation. >> a group of corporate executives are calling on congress to rise above partisan politics to try to find some sort of a solution. we have a lot to talk about with gleg brown and we'll start that in just a moment, but first over to andrew. >>> finance ministers are trying to unfreeze the second bailout package for greece, but first they must agree on how to cut massive debt to a more sustainable level. we'll head to london for details on that. and playing down a deal talk, tom joyce saying his country's currently if talks with at least two firms on a possible sale of its largest business unit. bu
in the military. so we will be talking about them. >> yes. >> and it used to be called what? >> armiist day. >> one man wished we weren't talking about his shady past. as of right now. david petraeus after resigning on friday is not set to testify at senate or house hearings on benghazi this week. he may be compelled to. he has not been asked to by other, the house or the senate committees. one would hope he would be compelled to testify. >> alisyn: correct me if i'm wrong, but i think he was going to testify. >> dave: set to. >> alisyn: on thursday and instead he extended the acting director of the cia michael morelle in his stead. let's rewind the tape for a moment. we know he was involved in an extramarital affair, the way it came to light, we have some information, the fbi was investigating threatening harassing e-mails, sent to an unknown woman, paula broadwell, he was involved. >> to keep it straight, she sent e-mails she thought may be getting too close to her man who is not her man to begin with because he's married, she's married. the fbi goes-- the woman with threatening e-mails,
, and police files used as confetti at the macy's day parade. how can it happen? is our security now at risk? >> illinois has the worst budget deficit in the nation and why is the state spending millions of taxpayer dollars on table for prisoners. >> and eco friendly zip lines, maybe they want them to watch "fox & friends" in prison, have you ever thought of that. >> dave: amen, there's some viewers, baby. >> clayton: "fox & friends" begins right now. ♪ . >> alisyn:. >> alisyn: good morning, everybody, thanks for joining us bright and early on this sunday morning, we have quite a show for you, including the ongoing debate that dave briggs launched yesterday about yoga pants and we invite you to weigh in this morning. >> clayton: you're still leading this fight and championing this fight. >> alisyn: he's made it a platform. >> dave: i may run for the white house based on yoga pants. there's both good and bad and we will delve into this later on and look, common ground. it's unlike politics, there is some common ground between the two extremes. >> clayton: of yoga pants afficianados. >> alis
constitution provided us with the template for classless democracy. it was not achieved immediately, but it was the template. india is important in 1947 because india is the oldest nation of the post-colonial world. the indian constitution creates an ideological template for democracy. with the emergence of india, china had a different template. very interesting, we see these comparisons, two parties, congress and the chinese communist party, became the dominant force in the post independents space. both had to be discriminated because both came from economically driven needs. the chinese offered autocratic left. but had karimov -- charismatic leaders. long story short,ke i i'm waiting for the short part. >> just a little bit longer. both had charismatic leaders, but i [indiscernible] but realistic economic policies that have been following were not working. in one case, you had soft reform of the 1990's and in china's case, from hard left the hard reform. >> right. >> the corruption is causing some much turbulence in nations has actually emerge from economic reform. because an econ
today. also, the ceo of mellon will be joining us to talk about the markets. as we've been talking about, the biggest issue for the markets right now seems to be the uncertainty surrounding the fiscal cliff. yesterday business leaders urged president obama and lawmakers to prevent a year end across board tax rise that will go into act unless congress acts. >> he understands it requires a combination of tax increases and title refor and discretionary spending cuts that dnl democrats and republicans have to work together. i'm is sure there will be a lot of forth and back between republicans and democrats, the congress and the president as they start to work their way to a deal. but i'd say there's strong recognition of the significant of getting a deal for the ben fft t benefit of the american public. >> this is all about trying to make american business more competitive, trying to have a fair balanced approach to tax refo reform. the president was clear he wants a balanced approach and we were clear we are behind him. >> top the president and top member of congress will be meeting. cnbc i
? killer of killer capital is back with us. jeff, have you a very interesting take on this. most people would like to dive into it right now but that may not be what you should be doing. >> that's not the pure angle i'm taking. it is kind of a powerball fool's gold feel. people are rushing in because these companies are coming out with special dividends. watch that "x" date. the stock should drop the special amount of that dividend but i don't think the proper route. people dove in to hewlett-packard. will hurt people in the long run. is there what about the tax structure for the new year and these companies. increasing dividends by in some cases record amounts. >> this year we're seeing more an more people are putting allocation to a dividend stock. you have to be very careful. some people are getting in because of the dividend and not paying attention to volatility. a couple stocks i really like this year, moving into 2013, mostly due to the housing turnout. wells fargo, yielding 2.6%. much better than the 10-year. finally, duke energy, a nice energy company, putting up a nice yield b
: in the meantime, you are trying to get us sick as well with up and down, and up and down. >> you got it. neil: to other storm, financial storm, stocks swooning, a huge day drop off, a lot on this important cliff you heard about. remember we said, when election of out of way, everyone would focus on the other problem, all these expiring bush tax rates, all these pending sequesting a cuts they kick in same minute, same day, end of the year, then it all hits the pro verbal fan. we were warning this was coming way before the election, now a lot of other news network have woken up, saying, oh, we forgot about the financial armageddon. i guess first signal came for john boehner who was open to revenues, by that, taxes, let the kabuki theater begin. >> it did. you know hours after president obama secured reelect, top congressional democrat, harry reid reaffirmed democrat tax agenda, those making more should pay more. >> people who make more than a million dollars a year, the vast majority of them are happy to pay that. only place that people disagree are republican in congress. >> reporter: he and d
that tell us the most about politics. everyone thinks the popular vote is close to 50-50. >> that's right. we see in the states that have closed, there are a couple of calls. obama doing great in the northeast. mitt romney, doing well in the south. states projected for obama, vermont, maine. going out on a limb. and for romney, he has georgia, indiana, south carolina, west virginia. the ones we care about, virginia and ohio. they feel ok about florida and virginia. but a sign of trouble. jonathan martin is hearing the margins for him in chesterfield county just outside of richmond, where he is doing well, it is not good enough. if he's losing there, it's a sign of trouble in the state. in ohio, romney is worried about the midwest. wisconsin, and ohio, real nervousness. in the obama war room, confidence. exit polls looked good for john kerry. there are jokes about president kerry. but their models are coming in. the vote is coming in how they expected. >> one state declared is indiana, which obama won and it is called for romney. it shows the map is smaller this time, the map is smaller. s
. you have been quoted as saying that there are very likely as many or more spies working against u.s. interests inside the u.s. during the cold war, which was a head snapping quote when i read it. who are these people and what are they after? >> i don't know that. i've been on the government for six years, but if you look at the value of intelligence, importance of intelligence in the expenditures of resources by china, by russia, but others and look for them is one of the biggest is. well it's the u.s. not only national security secrets, the commercial seats as be of much of can be gleaned or stolen from cyberspace. it is a dire threat in part because we shifted so much attention, so much resource and the counterterrorism arena we've forgotten the necessity of old-fashioned counterintelligence and that's an important element of this. >> often i've heard some people involved in counterintelligence tends to be seen as the redheaded stepchild of the intelligence world. why is that when we need it and what is the cure for a? effect in part because it's something we don't want to think a
for that last minute christmas gift, a zony. [laughter] jon: nice. thanks for being with us today. jenna: "america live" starts right now. megyn: thanks, guys. fox news alert, new signs that negotiations may be breaking down in washington's effort to head off a series of automatic tax hikes and spending cuts that will hit americans hard in the new year unless something is done to stop it. welcome to "america live," everyone, i'm megyn kelly. treasury secretary timothy geithner headed to capitol hill today, in fact, he's still there, meeting with congressional leaders on both sides of the aisle. but after his sit-down with the speaker of the house, john boehner, mr. speaker boehner came out and told reporter that is the treasury secretary offered no new substantive plan and would not address the issue of spending cuts at all. as we reported on this show yesterday, it is no longer clear that the white house even wants spending cuts in this initial deal. it wants solely tax hikes, or at least that's all that it's been talking about x that now -- that dichotomy -- is becoming a big issue. he
in staten island. most of the northeast are used to this and equipped, but hurricane hurricane sandy is making it difficult . debris from sandy is evident. cars on top of one another . boats in the sides of commome covered in no and along the streets debris as well which is another issue. folks don't know what is under it. twisted metal and nails and boards. here's what residents are dealing with. >> it is insane. 10 days now and now shoveling snow. >> you still don't have power? >> no power, no gas, no nothing. >> early this morning, 293,000 homes and businesses in new york state without power and 403,000 in new jersey . s cancelled 1300 flights out of the metropolitan area and some mandatory evacuations were put in place. new york mayor bloomburg didn't choose to do so . people deciding to stay with their belongings for fear of looting . we are getting some reports, that new york governor andrew cuomo fired his emergency management director for diverting a crew for coming to his own driveway to pick up a tree. good news for folks in this region. they are happy to hear this. tempera
in there right now working. we don't have the camaraderie that we used to. >> to put it simply, we are hoping to hurt the bottom line to show this is what happens when they trample on the rights of american citizens. gregg: james rosen is live at the protest with more. hi, james. still no word from the national labor relations board? >> reporter: that's right, gregg and patti ann, good morning. and that absence of a ruling has permitted this picketing to go forward. the pictures tell their own story. i'm going to let my cameraman follow me around here. we see here on site about 2-300 protesters. they were bussed in on five charter buses from different parts of the washington, d.c. and suburban areas. they are comprised of a group i would say that is diverse in terms of race, gender and age. there was a bit of speechifying going on. we've seen some interesting plaque cards and signs that say i make 8.30 an hour, and instead of save at wal-mart, it says slave at wal-mart. and now they're beginning their march on the walmart in this complex. i'm going to ask martin to wheel around and show you j
as the president's people told us did end up being demographics and turnout. latinos continue their embrace of the democrats and the rejection of the republicans. the white share of the vote was 72% which was exactly what plouffe, axelrod and mecino told us it would be. we want to break news here. >> we have mugs. we are excited. i'm sure our viewers are excited. >> on a day of big news, this was breaking. >> this is what we care about. no. we get in to the politics of this, what happened, the demographic break down and quickly say what this means for the country. health care stays. it means paul ryan's budget is essentially irrelevant since they weren't able to get the majority in the senate and maybe more importantly i think latino voters made their voice heard loud and clear to both parties in this election and comprehensive immigration reform of some sort will have to be a priority in the next administration. >> you're absolutely right. the gop has to move to the left on the immigration. latino issues. black and brown voters emerged this year as power brokers saying white people cannot
substantial revenues. those in revenues me to come from those who can afford it -- the wealthiest among us. as demonstrated in his plan you heard him talk about during his campaign. the clinton error rates in place in the 1990's far from hindering economic growth or part of an economic approach past 1993 that led to the longest peacetime expansion in our lifetimes that led to the creation of more than 23 million jobs. it also led to the creation of thousands of millionaires to boot. there are different ways to approach this. the president will not sign a bill that extends the bush era tax cuts for the wealthiest americans. it is not good policy. >> even if the wealthiest and the pay more in taxes? >> you are dealing with hypothetical about plans that do not exist. the president will not sign a bill that extends tax cuts for the top 2%. he has lon supportg and proposed tax reform both individual and corporate. he believes that is important. he was clear during the campaign and has been clear in other thing we knowe about the clinton era rates for the top earners is that they were effective
a momentous decision this morning from the u.s. supreme court. jenna: we'll con continue to watch that story a fox news alert. we're awaiting the outcome of a very pivotal meeting that could potentially ease the crisis in egypt or push that country into further chaos. that is one of our big stories. we're glad you're with us. i'm jenna lee. jon:. i'm jon scott. the first elected leader, president mohammed morsi expected to come face-to-face with senior judges in egypt who say his power grab has gone too far. there are indications that the both side are trying to find some middle ground. morsi's maneuver unleased a rage of protests that continues to rage across the country. meanwhile the u.s. embassy in cairo says there are sporadic clashes between protesters and police near its entrance. we're told some rocks landed inside the walls of that huge compound. embassy officials say there is no indication they are the target. egypt wields enormous influence in the middle east peac process. that power demonstrated by brokering the cease-fire between is rainfall and hamas. steve care began streaming
, by extending middle class tax cuts and raising taxes on the rich. >> it would give us more time than next year to work together. on a comprehensive plan to bring down the deficit, streamline our tax system. do in a balanced way. >> the president apparent shift away from spending and tax altogether now in a big deal could increase the chances of a market rattling fall off the cliff. since the republicans want spending cuts included. >> republicans are willing to put revenue on the table. but it's time for the president and democrats to get serious about the spending problem that our country has. >> the president's move came one day after two other big developments, suggesting democrats want tax hikes on the rich now, with the promise of cuts to programs like medicare later. on tuesday, senator dick durbin flatly declared entitlement reform should not be on the table. yesterday, top white house officials also met with leading liberal groups, from labor unions to moveon.org. with one attendee telling the "washington post" they expect the taxes to go up on the wealthy and to protect medicare and m
'm preparing for a storm surge of some sort. what happened to the other guy who used to host? >> the other guy, i think, is doing okay. as far as my death, destruction and devastation forecast, i think they'll be back very soon. anchor guy bri, you'll be just fine. no need to be nervous. "morning joe" starts right now. ♪ ♪ it's the most wonderful time of the year ♪ >>> good morning. it's thursday, november 29th. with us here on set, look at the tree all lit up. beautiful. lights went on last night right outside our building here at 30 rock. joining us this morning, the chairman of deutsche inc., donny deutsch, former treasury official and "morning joe" economic analyst steve rattner, political analyst and former chairman of the rnc, michael steele, in washington anchor for bbc "world news america," katty kay. >> "way too early" with bill karins. >> i'm going to say it again, a star was born. >> don't you think? >> i mean, just elegant, on the money. >> yes. >> glib in the right kind of way, gravitas, all there. >> i love it. >> awake. >> awake. >> that's always helpful. >> the guy who us
the car at airport. she shouldn't have to pay for it. it is always his fault. what can i say. bill: use that beeper thing. see you tomorrow. martha: bye everybody, see you tomorrow. jon: right now grand l brand new stories and breaking news. jenna: president obama sitting down for lunch at the white house with his former rival governor romney. more on that next. scientists say they can predict in newborns. we'll tell you what it is. a tire filing smash-and-grab robbery all caught on tape. it is all "happening now". jenna: this thursday we're awaiting a big meeting at the white house. we're glad you're with us, everybody, i'm jenna lee. jon: wouldn't you love to be a fly on the wall? jenna: wonder what is on the menu? jon: i guess we'll find out. president obama making good on campaign promise as he gears up for a sit down with governor romney, the first meeting since the election. the private luncheon set to begin hour and a half from now. white house correspondent ed henry is live. what is on the agenda, ed, do we know? >> reporter: white house officials say this will be a bit more per
" for now. thanks for being with us. "the ed show" with ed schultz starts right now. >>> good evening, americans. welcome to "the ed show" from new york. john boehner wants cost cutting details from the president? tonight, details on the speaker's shell game. this is "the ed show." let's get to work. >> the white house, this is not a game. i'm disappointed in what's happened. >> the speaker of the house is disappointed. he's also deceptive and dishonest. >> democrats have yet to get serious about real spending cuts. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and w
of times square, new york city, just getting going. with us on set, msnbc contributor, put that in quotes, it's up for debate what he contributes, mike barnicle, richard haass, chairman of deutsche inc., donny deutsch and cohost of "the cycle," s.e. cupp. it's not really new. >> it's old now. >> you know what i contribute? i contribute some insight into the growing ego mania that is young willie geist. >> yes! >> the 37-year-old sexiest man on earth? >> what? >> oh, wow, we're doing this 40 seconds in, huh? >> "people" magazine. >> getting it out of the way. there he is. willie geist listed as the sexiest 37-year-old man in america. >> i'm titillated. >> it's not just me saying it anymore, it's documented. >> where am i? am i on the right show? >> later today -- >> this is why i got up early? >> later this morning, we are going to have the new editor of "people" magazine here, helen keller. >> oh! >> that's cruel. >> ba dumb bum. >> long setup. way to go. donny's on there, too. >> donny's on the list, too. >> what was it, "50 shades of grey." >> i was in the decaying category. sexy and de
, and is it sort of the transcendent deal that some people would like or is it a stopgap to get us into the new congress? >> exactly. it will be a stop gap measure because of two simple reasons. a quarter of congress is turning over. they won't make a big deal in front of that. two, house leader boehner has to get re-elected by his party in january. he's not going to put a big deal in front of that. flip side is, no deal. i don't think the president will let that happen because he doesn't want to start his second term as president the way he started the first which was in a recession. but finally, what people fail to forget -- congress needs to go home for holidays. if they go home with no deal they will be criticized by their constituents. >> there are very few working days left when congress comes back from this thanksgiving break. >> remember what happened. t.a.r.p.? they didn't approve it. went home for the holidays, got criticized, came back and approved it. >> you see some stort of stopgap that averts the immediate tax hikes an spending cuts as of january 1, and that there is then some co
it was thedy ploy sy of secretary clinton to salvage this. they're not out of woods to use that expression but no sense that this evening will be a lot or at least relatively calmer than it was over the past eight nights. >> coming to the cease-fire and the agreement that was made, what are the conditions that hamas was willing to bring to the table to negotiate with? >> reporter: well, hamas is willing -- hamas and the palestinian factions part of it willing to stop all rocket fire in to southern israel and in to israel in general. the other issues may not necessarily be involved hamas but the egyptians and the smuggling of weapons in to the gaza strip and more often than not go through the sinai peninsula and egypt's territorial waters and probably pressure on egypt to deliver and secure that smuggling route so that weapons don't end up in hamas' hand. that's what they brought to the table. certainly hamas would only do so with assurances that israel going to stop assassination of the leaders and easing of the blockade and we understand issues discussed perhaps in coming days or weeks. i
for now. i'm lester holt. thanks for joining us. >>> this morning on "meet the press" -- an unfolding scandal in washington. and a new battle over the fiscal cliff. the election celebration is short-lived. a surprise resignation by cia director david petraeus comes days before congressional hearings over the attack on the u.s. consulate in benghazi. we'll get reaction this morning from capitol hill and the very latest reporting on this developing story from our chief foreign affairs correspondent andrea mitchell, who broke the story friday afternoon. also the president and republicans get set to negotiate new taxes and spending cuts. is a breakthrough possible? >> i'm open to compromise. i'm open to new ideas. we've debated over and over again. and on tuesday night we found out that the majority of americans agree with my approach. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. now, we want you to lead. >> where does it all go from sneer we'll ask democratic senator from new york chuck schumer and republican senator from
-fire in the gaza strip. former u.s. ambassador to the u.n. john bolton joined us earlier to weigh in saying it's no coincidence. >> he didn't wait but one day before moving here. so whether he had a wink and a nod from president obama or whether whether he felt emboldened in the wake of the cease-fire to believe the u.s. would not criticize him or do anything major to stop this power grab, i think we'll have to find out in the next few days. the timing is not coincidental. you can bet on that. >> heather: coming up the latest reaction from the white house to the turmoil in egypt. we will have a live report from washington. >> gregg: new signs of tough challenges ahead for gaza. number two leader of hamas now saying the group will not stop arming itself. a commented suggesting that indirect negotiations on the border deal could be very difficult. in the meantime, life at the gaza strip returning to normal after the week long strikes. tens of those of children heading back to school. cease-fire appears to be holding. conner powell with more on that. >> reporter: this is still fragile cease-fire.
director david petraeus comes days before congressional hearings probing the attack on the u.s. consulate in benghazi. we will get reaction this morning from capitol hill and the very latest reporting on this developing story from our chief foreign affairs correspondent, andrea mitchell, who broke the story friday afternoon. >>> also, the president and republicans get set to negotiate new taxes and spending cuts. is a breakthrough possible? >> i'm open to compromise. i'm open to new ideas. it was debated over and over again. and on tuesday night, we found out the majority of americans agree with my approach. >> mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. now, we want you to lead. >> where does it all go from here? we will ask democratic senator from new york, chuck schumer and republican senator from oklahoma, tom coburn. >>> also, we check in with cnbc's jim cramer to hear about the economic status should washington fail and avert fiscal disaster by the end of the year. >>> plus, what is the future of the gop after a stin
mechanism he uses to get to know young people. he's done it throughout his life. so it was an opportunity for me to interview him on a run. and i think it was -- i thought i'd test him, but he was going to test me. and it ended up being kind of a test for both of us and so we both ran pretty quickly. but that was the foundation of our -- [ laughter ] -- relationship. when i was in kabul we would do a lot of interviews on runs. for him it was a good distraction from the war. of course he's a bit concerned, as someone in his position would be, about legacy, and he also, you know, came at it from a mentoring point of view and wanted to help me with this project. >> petraeus 60. she's 40, a mother of two, married herself. what more stands out to you this morning? >> that obviously he was enchanted with her. interestingly enough i think the david petraeus story is not going away. just this coming week there are going to be hearings in the house in the intelligence committees on benghazi episode a month ago where four americans including the ambassador were killed. it turns out that petraeus a
for being here today. it's been a pleasure. ed, don, we'll have you both back soon. that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >>> good tuesday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber live at the new york stock exchange. melissa is off. the latest s&p case-shiller report has been released. results at the bottom of your screen. we'll go inside those numbers in about 15 minutes from now. >>> futures here marking sometime ahead of data later this morning. we have a mild rally in europe after the greek bailout deal does get done after the third round of talks right now it looks like london and paris are in the green as is frankfurt. our road map starts in omaha where conagra is buying ralcorp. a deal worth 6.8 billion including debt makes it the largest private label food manufacturer. has it lit a fire under m & a? >> don't come in with a negative attitude when i'm positive. >> we want to talk about the wave of special dividends. it continues. this time las vegas sands and dillard's, nea
the president flatly declared while he wants tax changes now, spending cuts can wait. >> it would give us more time than next year to work together on a comprehensive plan to bring down the deficits. >> white house spokesman jay carney broke new ground declaring today the president does want spending cuts, listed in his budget plan to be included in the fiscal cliff talks. >> hold up the budget and say democrats on capitol hill vote for including the spending cuts in this deal to avoid the fiscal cliff. that is not what they are doing now. should they include those? >> yes. i think that, and i know that democrats accept that this has to be it, a balanced package, that includes revenues and cuts and spending cuts. >> months ago, the budget carney held up was voted down by the entire senate. 99-0. meaning no democratic support. earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi spell noncommittal whether the cuts will be in the deal. still, the administration is trying to breathe life to the talks, with vice president biden shopping at
this morning's top stories. >>> good morning. we have a big day ahead of us. and the fiscal cliff conversation begins today. president obama will be making a statement on the economy. he'll speak from the east room of the white house at 1:05 eastern time. you can of course catch all of it right here on cnbc. john boehner is also scheduled to hold a you news conference today, as well. st. louis fed president james bullard is saying the u.s. economy is strengthening. but he's cautioning that leaders must tackle the looming fiscal cliff. a conversation we can't get away from. speaking in missouri yesterday, bullard also says he doubts the central bank will extend a bond maturity extension program that expires at the end of the year. bullard is not currently a voting member, but he will ebb in 2013. and china's national congress continues with new leaders for the communist party set to be named later this morning. today a rising star said the party is moving towards requiring officials to their their assets. so an interesting piece in the chinese business press this morning. >> we have been talkin
together which is focused on us. do not focus on what divides you as politicians, focus on us. i don't offer misplaced optimism often. when you are in washington you can get pessimistic really quick. but i think there is a pathway on immigration reform, a long-term debt reduction deal. continued education reform. that is really the test to the president and lead 76ers in the senate and the house. can they come together post election. for a period of time put your needs and the needs of the country first. i have a great deal of confidence that we will do that. [applause] >> thank you for having me back. it is great to be back at the university of delaware and thank you for coming. when we look at this election in 2012 republicans should not be diluted about this. this is a big night for the detectives. also look across the country in the u.s. senate. i will quote john mccain -- it is always dark before it is completely black. if you look at the election there are a couple of things that are just outstanding to focus on. the last presidential candidate who achieved 60% of the white vo
for being with us. happy thanksgiving. the ed show with ed schultz starts now. >>> good morning, everyone. happy thanksgiving. i'm alex witt. with latest from israel to the big parade in manhattan a packed morning for you. the balloons are filled, ready to go, talking about the 86th annual macy's thanksgiving day parade. live for you along the parade route. >>> the president is behind her, now u.n. ambassador susan rice defendinging her record to critics taking her to task on benghazi. will it be enough? >>> celebrations in gaza. so far, the day-old cease-fire is holding but the real work begins. and that fragile cease-fire between israel and hamas militants brokered by the u.s. government and egyptian president morsi. it is less than 24 hours old. there is deep mistrust. civilians on both sides hoping the agreement will bring a permanent end to the deadly air strikes and rocket fire. in gaza with the i have latest, eamon, good morning. >> reporter: good morning. for the first time in nine days the people of gaza were able to go about their business as usual in a place that usually is not
you're up with us. >> he's not even a good weatherman. >> he's not, but he can do the show. that should tell you something. it's friday, november 30th. we have a lot to talk about including the senate's top republican laughing out loud at the white house proposal to avert the fiscal cliff. >> i don't know much about the government. is that a good sign if they make a proposal? >> when you do that to me, i know you're not taking me seriously, right? >> sometimes getting really stupid offers, also not polite. >>> plus, an update on the condition of the former president george h.w. bush. he had a health scare in houston yesterday. we're going to tell you how he's doing this morning. >>> but first let's get to the news live at 5:30 here at 30 rock in new york city. this morning, president obama departs to pennsylvania where he will continue his campaign sales pitch on how to solve the country's fiscal challenges. yesterday treasury secretary tim geithner met with republicans to unveil the white house's budget proposal which includes $1.6 trillion in new tax revenue over ten year
. everybody is running to the thompson reuters counter. thank you for joining us. great to be with you. i am steve -- steve clemons, editor of large of the atlantic, i want to compliment the museum and tell you how historic this is. this is a jam packed day. the google party is coming up, this is one of three times in the history of the museum that they have allowed an outside group, the other happened to be the president of the united states and madeleine albright when she was secretary of state, this is the third time for a during the day session here, this is a great partnership. i think the -- i have a friend here, allen was the founder of circuit city, just apparently wrote the rise and fall of circuit city and to some degree they are uncomfortable truths, when you think of nations and companies, there are rise and fall stories and the united states is so clean not on the fall side but political campaigns are a lousy time to think about the truth of what is happening. one of the hard truths, there were five white guys, we tried to figure out, tall guys and doug and we are very well awar
over. he used geithner's political capital which i think was a mistake for geithner. >> he's leaving. >> but it's like using -- >> going back to goldman. >> where he started. >> where he cut his teeth. >> like using a pitcher because you don't care about his arm at the end of the season. so you threw him out there and you send him over with -- and you also let the republicans characterize the plan. which from a pr standpoint i don't think was that smart. so i think they blew that one. but ultimately it strikes knee obama did not suggest, you know whark what, i want to get it done quickly. >> people supposedly knew or that act like they know what the pinl deal will look like is like they gotting withed down at 800 last year. so the president is starting at 1.6. so they'll end up between a trillion and 1.2. anything close a trillion would be seen as boehner prevailing a little bit because he only had to go up 200 billion and anything closer to 1.2 or -- would be a win -- >> i think the big question is what happens to entitlements, too. what do you put on the table for that. >> the diff
can only solve together. >> because the american people expect us to find common ground, we're willing to accept additional revenues via tax reform. >> legislation is the art of compromising and consensus building. >> despite all the frustrations of washington, i've never been more hopeful about the future. >> i'm not up suggesting we compromise on our principles but we commit ourselves to creating an atmosphere where we can see common ground, where it exists and seize it. >> i want to work together, but i want everyone to also understand you can't push us around. >> so to help interpret what we just heard, we bring in a man who lives, eats and drinks washington. that's our friend howard fineman, he's the editorial director of the huffington post media group. >> guilty as charged. >> a con ciliary tone there. what struck me yesterday with john boehner he was saying as we approach the fiscal cliff, boehner was saying yesterday that the bottom line for republicans after this election is the same as it's been for 22 years. that is, that any kind of income tax hike, especially for the weal
own money to get todd akin the republican nomination. if what used to be called the republican establishment was more on their toes, they would have done a lot more to make sure that akin -- it turns out long after he was nominated, it turns out he had been arrested many times, demonstrating in the abortion clinics in the 1980's -- not what you really want in terms of a candidate who was going to have broader appeal. same thing happened in 2010 nevada, when sharron was nominated to vote -- to run against harry reid. harry reid was considered to be road kill. they. and harry reid what. in dollar-denominated that -- in delaware they nominated that wiccan. there are republicans who are looking at their losing power and thinking we have got to do something different. but even among those people, there is a fear if they decide to do something different, olympia snowe, who was wildly popular in maine, do you really think if she had been nominated that she would not be elected? there would not be a race. she did not want -- she had had it with trying to adapt to this new reality that
will join us next. >> brian: you want a burger for lunch? sorry. one city trying to declare meatless monday. good news for the cow. ♪ it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay, and then i get up to 15% cash back -- put into my account. ♪ i know, right? [ male announc ] introducing bankamerideals, free for online banking customers. sign into your online banking to choose your deals today. the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ those surprising little still make you te notice. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet app
, the fiscal cliff is one artificial construct cooked up by the congress and the president to basically get us to think about a much bigger problem, which is what you pointed out. entitlement reform and tax reform and all the big issues and putting america into the accounts. the problem is the president -- i mean, you know, frankly has all the leverage here. so he doesn't need to compromise that much to get half, if not three-quarters of what he wants. >> i think the president is feeling that he has the leverage. one thing we've seen is he's going to take this message to the people. it seems to me he's learned a little bit from the fights he had before, leaving it all in washington giving the republicans a lot of leverage. making it a national fight and bringing in the voters makes it something with more leverage. did he learn? is he going to play this fight out differently? >> if there's anything he learned from the election but not just the national election but where you had the referendum where people were very, very happy by and large to let the rich pay more. i think you're going to see
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